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\nDo You Really Own the Stuff You Buy?\n

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\nGet Free Access for 10 Days!\n
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\n\nPublisher:\n\nPBS\n\n\n
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\n Let's say you and your friend meet at a café on a hot day. Your friend drove in their air conditioned car, while you decided to get some exercise and bike the three miles. You show up sweaty and out of breath, and you both order an ice...\n Let's say you and your friend meet at a café on a hot day. Your friend drove in their air conditioned car, while you decided to get some exercise and bike the three miles. You show up sweaty and out of breath, and you both order an ice cold lemonade. The waiter takes one look at you and informs you that the lemonade will cost twice as much for you as it will for your friend. Pretty unfair, right? If you're thinking, \"They can't do that!\" actually… they can. It's called personalized pricing, or discriminatory pricing, and it's a way to juice profits by extracting the maximum that people are willing to pay.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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8:24
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nTwo Cents\n\n
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Date
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2023
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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money, personal finance, economics, cents, rights, terms
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Additional Tags

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pbsds, pbs digital studios, pbs two cents, pbs 2 cents, two cents, end user license agreements, i agree, ownership rights, right to repair, terms and conditions, license, copyright, individual copies, personal property, people, servitude, ownership, owners, prohibit, price, conditions, video, agreeing
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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